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PBS
Jul 30, 2010 12:30am PDT
at the massive leak of classified or documents. the u.s. defense secretary calls in the fbi. >> the battlefield consequences of the release of these documents are potentially severe and dangerous for our troops, our allies, and afghan partners. >> the worst infanticide in french history. a woman admits secretly killing eight of her babies. tombs of the unknown soldiers. puree in the u.s. over thousands of mislabeled graves at arlington national cemetery. >> welcome to bbc, forecasting to our viewers in the u.k. and around the world. the u.s. defense secretary robert gates has called in the fbi to look into the leaking of more than 90,000 classified military documents. the documents published on the wikileaks web site on sunday gave confidential information about the afghanistan war. >> u.s. forces depend daily on information from afghan civilians as they try to defeat the taliban in afghanistan. some might give information openly. others more secretly as spies. none expected earnings to be published on the internet. the dossier exposed this week include names, addresses, and fathers names comin
PBS
Jul 24, 2010 12:30am PDT
to use the nuclear deterrent as the u.s. and south korea got ahead with military exercises. 84 european banks and passed the stress test oft. s center has urged the scottish government to reconsider the release of the lockerbie bombing. the british royal family hit the high seas for the holiday special. >> hello and welcome. north korea says it will use the nuclear deterrent in response to a joint u.s./south korea military exercises this weekend. according to officials, it is ready to launch in retaliation war. washington says the word games are a deterrent of north korean aggression. this weekend joint exercise is a response to the sinking of a south korea warship in march. >> this was a statement from the country's powerful national defence commission, reported by north korea's of fish a news agency. it repeated the denial of any involvement in the sinking of a south korean war ship in march. these exercises are taking place involving south korean and american ships. it is a response to the allegations that north korea sink the warship. the national defense commission spokesman went o
PBS
Jul 29, 2010 6:00pm PDT
and expertise in a range of industries. what can we do for you? >> and now "bbc world news." >> at the u.s. steps up efforts to find those behind a leak of military secrets. presidents karzai say it puts afghan formants in danger. >> we consider that concern -- we consider that extremely irresponsible. >> the british prime minister and his trip to india defending his comments about pakistan's record on tackling terrorism. we report from the heart of the terrorist threat -- a town plagued by suicide bombings. >> people tell us is important that we should not say -- should not stay in any one place for about 20 minutes for our own safety. it has become one of the most dangerous places in pakistan. >> welcome to "bbc world news" broadcast on pbs in america and also around the globe. coming up later for you -- a french woman admits killing eight of her newborn babies, trying to hide the births from her husband. and the new starlet of indian cinema with a famous father talks about turning jane austen and to a bollywood blockbuster. >> in the first afghan government reaction to the wikileaks inv
PBS
Jul 21, 2010 12:30am PDT
opportunities will show that. at the moment, the u.s. secretary of state is being taken to the dmz, the border between the twok koreas. she will be given her a glimpse of the authoritarian, isolated stayed on the other side. >> north korea signaled it wants to return to talks with some of the regional powers in asia on its nuclear weapons program. what to washington and seoul think of that? >> there has been a cautious welcome as there would be for any statement from north korea that it is ready to come back to the negotiating table. i think the priority for washington and its ally is to prepare for a joint naval exercise which will begin this weekend. the visit of hillary clinton coincides with those preparations. this is a large-scale exercise involving 20 ships, 200 aircraft, 8000 personnel. the message is clear. sending a message of deterrence career.h towe further acts of aggression will not be tolerated. while any sort of a conciliatory statement will be welcomed, at the moment, the real focus is on sending a message of deterrence. >> a senior auditor at the united nations was -- launche
PBS
Jul 22, 2010 12:30am PDT
. and president obama signs a national reform since the great depression. david cameron's u.s. visit is overshadowed by acquisitiocusat mixed message. and now word on art. >> welcome to bnd "bbc world news" broadcasting to our viewers in u.k. and around the world. tycoon, conrad black has spent first night of freedom, he was charged in 2007 of taking pounds, and there was concerns by the u.s. supreme court. >> conrad black taking shares more than $6 million, and security cameras showing him taking boxes away. >> the shareholders showed he was stealing from the company. jury was found he was stealing from the company. and the genius like conrad black, they are irrepressible from the climb up the mountain and down from the mountain. >> conrad black started in the building, and out maneuvered the owners and revamped. and it was what was the third largest newspapers. but will telegraph is long gone from fleet street and long gone is conrad black. >> his citizenship was that of the lords, and he renounced it. but while some admired his achievements, many found him arrogant with his homes
PBS
Jul 16, 2010 12:30am PDT
been approved shinny u.s. plan -- the biggest financial reform has been approved shanty u.s. u.s.e >> welcome to bbc world news. the oil leak has been halted 40 cars times since april. cracks in the dark of the ocean floor, s -- >> in the dark of the ocean floor, oil in the gulf of mexico. these new set of avows has blocked the flow of oil. -- valves has blocked the flow of oil. this structure had been burning out of control and the well was flowing freely. since then, there has been an unprecedented effort to stop the leak. the greatest concentration of resources ever seen. time after time, the efforts to stop the oil failed. soon the slick reached the shore. it was a nightmare long dreaded on this coast line. images of pelicans struggling for the sludge flashed around the world. this was quickly being described as america's worst environmental disaster. for bp, it was a nightmare as well. the chief executive attorney was in the firing line. he had become eight figure. >> and nobody wants this thing over more than i do. >> the leak has threatened the standing of president obama.
PBS
Jul 17, 2010 12:30am PDT
, so good, the cat in the zero oil well in the gulf of mexico works. the u.s. and britain criticized the release of the libyan bomber. targeting the faithful, suicide bombers attacked a shia mosque. just three weeks after taking office, roger is new prime minister calls -- australia's new prime minister calls for an election in august. welcome to bbc news. i am juliet dunlop. engineers are now studying the results of pressure test to see along the cat can contain the leak. our correspondent reports. >> is this the moment that the state of bp's oil spill stretched to vanish from the waters of the gulf of mexico? a mile down, this is how it looked last night. the leak was gradually being turned off until the flow was cut to just a wisp of oil and then shut it totally. it is good news, although president obama warned americans to be cautious. >> one of the problems with having this camera down there is that, when the oil stops gushing, everybody feels like we're done and we are not. scientists are doing a number of test. they want to make sure that, by putting this cap on, the oil is no
PBS
Jul 21, 2010 6:00pm PDT
legislation makes it extremely difficult for foreigners to seek -- sued the u.s. government over acts of war. >> the bbc has invited the pentagon to comment, we have had no response. no hesitation on the subject of north korea. we are targeting the leadership and their assets. that was the message from hillary clinton today as she announced further sanctions against north korea. tensions in the area have been rising, our correspondent has the report. >> hillary clinton was given her first of close glimpse of north korea. the u.s. secretary of state's visit to the heavily fought -- heavily fortified border was a part of the symbolism of this trip, a show of support for their south korean and allies. at a press conference, mrs. clinton made clear that there was substance. >> today i am announcing a series of measures to increase our ability to prevent north korea's proliferation and halt their illicit activities that funds their weapons programs as the surge brings more provocative action. these are aimed at the procurement of material. >> punishment for no. 3 apostle legend torpedo into the w
PBS
Jul 23, 2010 12:30am PDT
has been indicted to appear before u.s. senate hearing over the decision to free the convicted lockerbie bomber. the foreign relations committee is investigating whether it was linked to a libyan oil deal involving bp. earlier, i suggested to our correspondent at the list seems to be growing. >> it seems to be, but at the moment it is far easier to say who is not attending perry when no various scottish ministers and officials have been invited, but they're not going because they don't have anything more to add. jack straw, who was the british justice secretary at the time said he is considering it. he does not have any object in principle, but he wants to discuss it with some of his former colleagues, including gordon brown, first. there is a list and a hearing is due next week, but we're not sure yet who will be attending. >> these senators have high- level backing, secretary of state hillary clinton who said she was deeply troubled by the decision to release the lockerbie bomber is backing them. >> she is, and was feeling that she added to the momentum of the subject and the
PBS
Jul 27, 2010 5:30pm PDT
.p. began polluting the gulf of mexico and u.s. coastline, the company has a new leader and new strategy. the company's new chief executive, bob dudley, said change is coming, even though he's a longtime b.p. insider. >> we're going to learn a lot, and the industry's going to learn a lot, and there's no question that we will change as a company and from those learnings. >> reporter: included in those changes is an accelerated plan to raise cash by selling b.p.'s non-core assets, or less than 10% of the company's total business. the company is guessing it will need $32 billion to cover costs and liabilities from the spill, well below some worst-case estimates of $60 billion. still, analyst cathy milostan says, by disposing of assets b.p. hopes to show investors it can pay for the mess. >> we're starting to see what i call building blocks of being able to demonstrate that there is cash that they can access to cover oil spill costs. the issue here is, there's still a good deal of uncertainty as to what the future costs could be. that uncertainty continues to dog b.p.'s stock. the shares hav
PBS
Jul 27, 2010 6:00pm PDT
will be payable to the u.s. government. >> one of the criticisms is that, after the explosion, you were a bit to focus on the financial impact and not on the human tragedy of the individuals who lost their lives. >> in every crisis, there are things of that i could have done differently. once we are through all of this, we can look back and draw conclusions and learn from this. >> no questions at all, please. >> if the blow on the right cannot answer questions about the bp future, maybe those who have pension funds should worry. >> another story that involves bp, the u.s. senate committee investigating the release of the only man convicted of the lockerbie bombing has put off the hearing is scheduled for thursday. robert menendez, who was about to take care, has announced the postponement because key witnesses have refused to appear. he was very critical. >> it is utterly disappointing. it is pretty outrageous that's none of the key witnesses will cooperate with our request to answer questions before the senate foreign relations committee. the have stonewalled. each side has claimed innocence
PBS
Jul 28, 2010 12:30am PDT
and george bush's in patients. he is the executive chairman of the u.s. and monetary inspection commission until june 2003. they told us that he believed iraq did have wmd. >> i felt that iraq retains weapons of mass destruction. i did not say so publicly. i said it perhaps to mr. belair privately, but not publicly. >> he said he believed the controversial british dossier was plausible, but critical of the way the intelligence services relied on the evidence of iraqi defections. >> they should have realized in london and washington that their sources were pork. they want to get a reward for intelligence so they try to give what interrogators want to hear. >> president bush believed in force rather than diplomacy. >> i think the u.s. was high on military. they felt they could get away with that. >> he believed tony blair and genuinely hope to the inspections would work in the military action would be avoided. >> i never questioned the good faith of mr. blair. what i questioned was a good judgment of bush. >> he told the inquiry one month before the invasion he warned tony blair things had c
PBS
Jul 15, 2010 5:30pm PDT
evening. two big developments tonight concerning the u.s. financial system: the senate passed the most comprehensive financial reform bill since the 1930s. and susie, late today, goldman sachs settled its civil fraud case with the s.e.c., agreeing to pay more than half a billion dollars. >> susie: tom, we begin with that historic reform bill. it's designed to prevent financial crises in the future. the senate approved the legislation by a vote of 60 to 39. the president is expected to sign it into law next week. >> tom: the new rules will mean huge changes for consumers, and for banks across the country, from the big banks like j.p. morgan, citi, and bank of america to smaller regional firms. darren gersh reports. >> reporter: it's a safe bet school kids decades from now will be quizzed on the dodd- frank wall street reform and consumer protection act. they'll be asked about the new financial stability oversight council, and how it was empowered to identify and correct the kinds of risks regulators missed in the great recession; about the new consumer protection bureau, covering most e
PBS
Jul 20, 2010 6:00pm PDT
relationship but as the new prime minister visits the u.s., how close are these the two leaders devastating floods in china and they are putting pressure on the recently completed three gorges dam. coming up later, as the north korean spy, she blew up an aircraft. now she is a best-selling author. why she is visiting japan. the warning that this activity could live up to its grim name, it is called >> hello and welcome. -an army recruit has turned up n foreigners, this time in two american civilians were shot dead at a training base in afghanistan. on an afghan soldier and a suspected gunmen were also killed. this is the second incident in as many weeks and it comes as representatives of from 70 countries descended on the capital to discuss the future of the country. the president of hamid karzai says that he would like afghan troops to take over total responsibility. >> he is the president of the nation at war but he has been accused of presiding over a cop and sissy -- over incompetency and corruption. now he is being touted as a man who can turn this around. more than 70 representatives
PBS
Jul 26, 2010 6:00pm PDT
the accusations made in u.s. military documents. >> this is being called intelligence, but it is not. >> we understand that the chief of bp is settling down in october with a pension of $900,000 each year. a war crimes court finds the khmer rouge chief guilty of crimes against humanity. broadcast viewers on pbs in america and around the globe, coming up later, the sanction squeeze, europe adopts a tough on iran to curb its uranium enrichment program. a spanish man who has undergone the world's first full face phrase -- faced transplant faces the camera as four months after surgery. it is the biggest leak in american military history and it might fuel growing doubts about current strategy in afghanistan. more than 90,000 documents detailing the actions of western forces disclosed on the internet. suggesting far more afghan civilian deaths denn have been officially acknowledged, suggesting that pakistani intelligence has been corresponding with the taliban. >> on authorized, unprecedented, embarrassing, it has been called the biggest ever leak of classified military documents since the vietna
PBS
Jul 28, 2010 6:00pm PDT
the leaking of u.s. documents that accused pakistan intelligence of hoping insurgents in afghanistan. >> india and pakistan have a very complicated relationship. with the prime minister of britain to make this a statement in india seems to suggest partiality. >> this is not the first time david cameron has indulged in plain talking on foreign soil. yesterday's description of gaza as a prison camp was frank, too. he is establishing his own reputation in britain as well. on the ground in delhi, it is clear that pakistan will be on the table on talks between the prime minister and his indian counterpart tomorrow. david cameron has shown he is not shy of trying to set the agenda. bbc news. >> 100 days since the deep water horizon rig exploded in the gulf of mexico and triggered the worst oil spill in american history. oil is now clearing from the surface of the ec faster than expected, according to experts. -- from the start se of starta -- from the surface of the sea. st8 b)people have been killed n roadside bomb. it is thought nato forces were patrolling the area. french police have found the b
PBS
Jul 29, 2010 5:30pm PDT
>> susie: they're the foundation of the u.s. economy, but today a bill to boost lending to small businesses and increase hiring hit a wall in the senate. still, business owners say they need the help. >> i don't want to hire somebody and have to lay them off if work slows down. >> tom: we'll tell you what's holding her and others back from hiring. you're watching "nightly business report" for thursday, july 29. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening everyone, a big setback for small business tonight. senate republicans blocked a $30 billion plan to boost lending for the nation's small businesses. tom, president obama was counting on this bill to create jobs. >> tom: susie, the legislation also would have provided $12 billion dollars in tax breaks, but opponents argued it was just another expensive program packed with extra spending. >> susie: this impasse
PBS
Jul 19, 2010 6:00pm PDT
widely. >> the u.s. appeals court has granted bail to the media magnate conrad black as he appeals his conviction. the british parent and other executives were convicted in 2007 of swindling shareholders out of $6.1 million. but will serve more than two years of the six and a half year sentence. an investigation into american surveillance system says it has been made so they get is near impossible to determine its effectiveness. it involves 1300 government organizations, and no one knows how much it cost, how many people it employs, or how many agencies do the same work. suriname's former military dictator has been elected president of the country. the 64-year-old was voted in after he failed to win sufficient majority votes in may. the former army leader is accused of human rights violations. charges of defamation. the author was in the country to promote his new book. he has now been released on bail. the attorney general says statements cast doubt upon the integrity of judges. bp has been given 24 hours to check the cap over the leaking oil well after seepage was detected near the o
PBS
Jul 20, 2010 12:00am PDT
and supported by the u.s.. >> i recall that comment from bush. immediately after he gave that speech he came to a studio in new york at the embassy. my crew had him on this program. we interviewed him shortly after that speech. it was a fascinating day to talk to him. >> in the film we have kirschner, his friend. he says that he likes to go chavez as a friend, but he needs to think about a successor. right now the system needs to be made sure it works. >> that does not bother you? that he is setting himself up to be like castro? >> there is always an norris scrooge -- enormous scrutiny on the election. not only do they have an electronic balances, but at the same time they have two groups. far better than florida in 2000. there was a 75% turnout. better than obama. >> whe is putting off referendums. saying that he once had a third term. is hard going down there. i will not say that it is easy, but i will give you an example. he fires people that are his friends because of corruption. sometimes you get a post in the government position and you steal. the moment they get fired they go to the p
PBS
Jul 23, 2010 6:00pm PDT
have it disrupted their activities. u.s. officials told the bbc that 600 militants have been killed in drone strikes since president obama took office, and very few civilians. the government in islamabad denies supporting the attacks. >> i hope the u.s. will consider that instead of doing it, give us the technology. we know where to do it, how to do it. then we will have ownership. when this happens, people will not mind it. >> some of those who fled the area are sick of the politics and the violence. >> i moved because of my children's safety. i do not know who to blame. islamabad, washington, or the taliban. we just cannot let -- bear it anymore. >> it will take a long time for northwest pakistan to get out. america insists drone strike must be part of a solution. bbc news. >> and our drone war coverage is also on the bbc world service radio today and on line as well. we have detailed maps from the bbc urdu server is, and the story of one pilot in helmand province. workers may evacuate because of an incoming tropical storm. it will mean a temporary halt to the repair work. >> the
PBS
Jul 27, 2010 12:30am PDT
soldiers from the u.s. coalition who do not mean to kill civilians, but mistakes happen. her husband was shot by american soldiers who raided their house. he had gone outside to protect his family, but the americans came selflessly, and he thought they were thieves. his death will bring poverty to his family in said. -- instead. >> what can i say about the americans, she told me. they have made me a widow and my five children orphans. this is one of the toughest countries in the world to live in, one of the forest and one of the most corrupt. the week -- one of the poorest and one of the most corrupt. opinion polls show support for international forces is still higher than for the taliban, but support for the taliban is gradually rising, and one main reason people give is because of the number of civilians killed by foreign forces. that is what makes the revelation so potentially damaging. the taliban kill many more people than killed by international forces from the air or the ground. civilians are caught between them. >> the fact is not only in the number of civilians, but it is mu
PBS
Jul 29, 2010 12:30am PDT
and expertise in a range of industries. what can we do for you? >> and now "bbc world news." >> u.s. court ruling, a judge struck down parts of arizona as tough new emigration law just hours before it was due to come into court. britain's prime minister, david cameron, has a warning for neighboring pakistan. >> we cannot tolerate, in any sense, the idea that this country is allowed to look both ways and is able, in any way, to promote the export of terror. >> please find the bodies of eight newborn babies in the northern part of france. the parents are arrested. rescue workers tried to free 30,000 people trapped in northeast china. we will get the latest from our correspondent in beijing. welcome to bbc news, broadcasting to our viewers in the u.k. and around the world. it is a controversial law that has aroused passion and anger on both sides of the debate. now a federal judge in the united states has blocked parts of the tough new emigration bill passed by the state of arizona and due to come into force on thursday. legislators in arizona approve the measure in able in an attempt to stem
PBS
Jul 19, 2010 5:30pm PDT
expired back in early june about $3 billion has not been spent. over that same month interest on the u.s. debt in june was $107 billion. we seem to be, you know, talking about spending pennies or saving pennies when we're spending dollars. >> i totally agree. it's a very small amount of money. the fact that it's a very small amount of money also means that any possible effect in stimulating the economy is also very trivial because we're talking about a very small amount of money. the broader thing is it creates the wrong incentive. there's clear evidence that people who are unemployed tend to leave unemployment just before their unemployment benefits run out. it's not just a question... it's not the right way to think about is it are their jobs the right way is are there jobs at low wagers? there would be a lot more jobs out there. that's the adjustment that needs to happen in many cases. but ununemployment insurance and especially very, very long- term unemployment insurance impedes that kind of adjustment. >> tom: christian, i want to.... >> that's.... >> tom: aaddress that job demand
PBS
Jul 15, 2010 6:00pm PDT
. sweeping financial reforms in the u.s. congress passes the president's plan for regulation of the banking industry. the vatican titans regulations dealing with the abuse of children by -- titans regulations dealing with the abuse of children by priests -- tightens regulations dealing with the abuse of children by priests. welcome to "bbc world news," broadcast to our viewers on pbs in america, also around the globe. my name is mike embley. coming up later for you -- a special report from jerusalem. how is really activists are offering large sums of money -- israeli activists are offering large sums of money to -- take that is reforming and this time robbie williams is with them. hello to you. bp has declared the flow of oil into the gulf of mexico has been stopped. 85 days since the first news back in april of an explosion on the deepwater horizon rig. eight workers died, and the leak is now widely seen as the worst american environmental disaster began. bp hopes to fix the problem properly within weeks. we have this from washington. >> this is the view of the destroyed the oil well, mome
PBS
Jul 16, 2010 6:00pm PDT
expected to live another three months. he is still alive. the u.s. has pressed for an investigation into the decision to free him and into allegations that bp lobby for his release. from washington, james reynolds reports. >> here is the problem facing britain and america. al-megrahi is free and not yet dead. the scottish government released him a year ago because the -- doctors said he had three months to live. 11 months have gone by, and he is still alive. al-megrahi is the only man convicted of the bombing of pan am flight 103. 270 people were killed when it exploded over the town of lockerbie. he was jailed for life. which is why his release last year and third so many in britain in america, despite -- angered so many in britain and america. scottish authorities decided to allow him to go home to die in libya. now hillary clinton has spoken to william hague about the growing concern. >> it is an insult to the families of the victims of the bombing of pan am flight 13. legitimate concerns were raised about the medical information that led to the decision. people of raised -- have
PBS
Jul 21, 2010 5:30pm PDT
. intel makes 80% of the c.p. u.s, the brains of the personal computers. >> tom: here is what we're watching for tomorrow: we'll take a look at the june existing home sales. and a busy day, including 3m, at&t, catepillar, microsoft, and u.p.s., to name a few. and will this charging station be a way to fill up in the future? it is one way the government is urging consumers to buy electric cars. we'll explain. >> suzanne: conrad black is now a free man. he walked out of a florida prison, released a day after the judge set bond at $2 million. $are, however, some restrictions: he can't leave the u.s., and must return to chicago for a bail hearing on friday. in 2007, black and three other former executives of hollinger international were convicted of defrauding shareholders of $6 million. he has been behind bars for two years while he appeals that conviction. >> tom: a lawsuit against capitol one is charging forward. a lower court dismissed the case, but today an appeals court reinstated it, saying that capital one could not prove it made the required rate hikes to that consumer. ne
PBS
Jul 24, 2010 12:30pm PDT
of americans who believe the u.s. economy will be the same or worse than last year is 67%. two out of three people, which is consistent with the position taken by the federal reserve board chairman, ben bernanke, in his testimony to congress this week. >> even as the federal reserve continues prudent planning, we also recognize that the economic outlook remains unusually uncertain. >> despite the hardships, optimism lives on. 70% of americans still believe they will some will some day li american dream. >> question, currently americans are resilient. we bounce back. what explains that resilience in americans, pat? >> john, dreams have always died hard in america and the reason they die hard is because this country has been such a magnificent success for so many hundreds and millions of people. for so many centuries. it really has and americans are resilient people. they are innovative people. they are hard working people. but the problem i think we have now, john, is we are no longer the producers we once were. we are consumers. we used to be a family centered society. we are now a self
PBS
Jul 23, 2010 5:30pm PDT
the administration's estimate in february, but still it's the largest budget shortfall in u.s. history. our guest tonight has been appointed by president obama to serve on a special commission to reduce the nation's deficit. alice rivlin joins us now, she is also senior fellow of the brookings institution. >> good to be here, susie. >> susie: alice, when you look at the forecast of the white house, and looking out, it is expecting the deficit, it will be able to cut the deficit by half a trillion dollars over the next two years, by the year 2012. that works out 10% of g.d.p. now down to 5.6%. does that seem doable to you? >> i think it is doable if the recovery doesn't falter. the assumptions behind this drop in the deficit are that the economy does recover, grows moderately this year, and continues to strengthen. i don't think that's unreasonable, although there is some reason recently to doubt how strong the recovery is. but on those assumptions, much of this deficit, and it is very, very large, is related to the recession and to the temporary spending that we had to do to mitigate the recessio
PBS
Jul 28, 2010 5:30pm PDT
finds the u.s. response to the financial crisis probably prevented a second grace depression. the report estimates g.d.p. today would be much lower today. the economy would have lost an additional 8.5 million jobs, and we would have deflation instead of low inflation. joining us now are the two leading economists, alan blinder and moody's mark zan. >> thank you. >> to the fed's purchase of mortgage-backed securities. which was the most important for the economy. >> it also included the fiscal stimulus. somewhat to our surprise, we didn't know going into the work, at least according to this model, the panoplyia of financial policies, including the things you mentioned and other things were more important qon quantitatively than the stimulus, the tacks rebates of 2008 and so on. >> suzanne: makers, not all of the policies have worked as well. in particular, the loan modifications are not working necessarily. how do we fix housing, do you think? >> well, you're right. i think it's -- as you put it, if you rank the order of the different policy responses, the mortgage foreclosure efforts hav
PBS
Jul 20, 2010 12:30am PDT
years of extensive testing until the decision is made on whether it can be used widely. >> the u.s. appeals court has granted leave to apply to fail to conrad black pending an appeal against his fourth conviction. the british man and other executives were convicted in 2007 for swindling shareholders at a $6.10 million. black has served more than two years of a 6.5 year sentence. our correspondent described the latest developments. >> the appeals court has said that conrad black will be allowed to apply for bail while they decide whether or not his case should be retried. the originalp is t judge will ask to be set a date for hearing. that will happen and we do not know when. conrad black will appear and both sides will give their argument. he mayor may not be granted bail. his lawyers are pleased that this move -- at this move. it is part of the process of the appeal system which they are able to start enacting thanks to the supreme court ruling that came through in the last few hours saying that the appeals court should reexamine his fraud conviction. >> we can presume if and when
PBS
Jul 16, 2010 5:30pm PDT
to close that gap by schlumberger. and oxidental is the biggest onshore producer of oil in the u.s. very good growth prospects for oxidental, just like all of these companies. >> susie: we have a half minute left. exxon-mobil is not on your list. why is that? >> i think exxon-mobil is a little pricey. they do deserve a premium, but i think it is a little much right now. and on top of that, they don't pay as much of a dividend. it yields about 3%. and the xto position they just closed will not yield much to earnings. >> susie: any disclosures to make about these recommendations. >> i do not own any of these stocks, and edward jones does not do any investment banking with any of them. >> fair enough. brian, thank you so much for coming on the program. have a great weekend. >> thank you, you, too. >> tom: here's what we're watching for next week: our friday "market monitor" guest is ernie ankrim, senior market advisor at russell investments. apple, goldman sachs and wells fargo report quarterly results. monday, if congress okays it, more than two million americans who've been out of work fo
PBS
Jul 20, 2010 5:30pm PDT
cliff's natural led the way, up better than 8%. its earnings come out a week from tomorrow. u.s. steel is due out a week from today, and thursday, nucor earnings will hit the street. u.s. steel and nucor are at one- month highs. bank earnings clouded the market early on and there's a few more to come. goldman's drop in profits from a year ago was not a surprise, but making the drop larger was its big settlement with the securities and exchange commission over disclosure in a mortgage bond derivative deal. shares were climbing, though, rallying to their highest price since last april. state street bank saw a bigger rally, jumping almost 6%. shares are up 20% since earlier this month, when it said its second quarter was stronger than anticipated back then. and here are the results. stronger fees for its asset management business fueled the rise in profits, as earnings matched its guidance given two weeks ago. three more banks are due to report earnings tomorrow-- wells fargo, morgan stanley and northern trust. it was a mixed performance for these three. healthcare was the leading losing
PBS
Jul 22, 2010 5:30pm PDT
-prime customers buy two of every five cars sold in the u.s. >> tom: g.m. also is busy gearing up for the rollout of its first mass-produced electric car, the chevy volt. many other vehicle makers are also launching electrics, and some cities are getting ready. erika miller checked out new york city's first charging station, and whether it could help spark sales of plug-in vehicles. >> reporter: it's not yet attracting cars, but it sure is attracting attention. this four-foot-tall, thin electric car charger is the first of its kind in new york city. well, that's not exactly true, there's another one on display at the smithsonian cooper hewett museum celebrating innovative design. the charger we're talking about is available for public use, located at a commercial parking lot in midtown manhattan. scott miller works for the california company that installs the chargers. he says encouraging electric car sales not only helps the environment, it also creates jobs. >> we are creating a whole new industry. detroit is revving up for electric vehicle productions. all the vendors for the major automobile
PBS
Jul 26, 2010 5:30pm PDT
rising shipments as a vote of confidence for the u.s. recovery. >> these improving profits you see at companies like u.p.s. and federal express is a very positive sign. it's a signal that there is economic activity around the world, the global economy remains healthy. the us economy is not likely to head into a double-dip recession. >> reporter: august and september are typically strong months for fedex and u.p.s., as retailers stock up on fall merchandise. economists hope shipments will be strong, a sign consumers are starting to spend again. erika miller, "nightly business report," new york. >> susie: one of the most successful vehicles in ford motor's history had a second coming out party today: the explorer. the new version is more fuel efficient and has more safety features than the sport utility that took the country by storm two decades ago. but, as diane eastabrook reports, this explorer faces a lot more competition than its predecessor. >> reporter: ford's 2011 explorer got a multi-city rollout in places like chicago, where it will be built, and in miami's fashionable sout
PBS
Jul 16, 2010 6:30pm PDT
from the u.s. senior official suggests the afghan army men as is poor. he estimated only 3% of soldiers and 12% of police can operate unsupervised. he added the 17% of the police are absent without leave. the problem for nato is knowing whether partnering is working well or increasing dependence, and many soldiers feel that using supplies or other gifts to get cooperation from the afghans holds them for independence. >> we are taking the big step of having this professional relationship and stopping giving them presents. it has been hard. you look bad elements. you have weeks where they pay you and will not work with you. it is something you have got to get through. -- you have weeks where they he you -- hate you. you have to be firm and get them to do it for themselves. >> whenever the best method of training afghan forces, there is widespread agreement getting more than into the film is -- into the field is in need of's only exit strategy. with thousands of men deserting the afghan units, will they really meet the needs? my colleague has been speaking to the former republican presiden
PBS
Jul 22, 2010 6:00pm PDT
tutu is at last taking a step back. >> just time to remind you of our top story. the u.s. has reopened one-third of the fishing grounds closed since the bp oil spill. meanwhile, a tropical storm is threatening the sealing operation around the well. the governor of louisiana has declared a state of emergency, due to bad storm heading into the area. >> hello and welcome. >> see the news unfold. get the top stories from around the globe and click to play video reports. go to bbc.com/news to experience the in-depth, expert reporting of "bbc world news" online. >> funding was made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, the john d. and catherine t. macarthur foundation, and union bank. >> union bank has put its global expertise to work for a wide range of companies. what can we do for you? >> there is one stage that is the met and carnegie hall. >> o, that this too, too solid flesh -- >> it is the kennedy center -- >> check, one, two. >> and a club in austin. [woman vocalizing] >> it is closer than any seat in the house, no m
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